The U.S. Securities and Exchange Commission (SEC) is yet to decide on whether to approve Spot Bitcoin Exchange-traded Funds (ETFs). The crypto market is buzzing with several speculations as they await the anticipated approval. Moreover, Bitcoin (BTC) Derivatives traders are actively engaging, anticipating the SEC to greenlight several Spot Bitcoin ETFs this week. Also Read: […]

Litecoin  has created history with its mind blowing hold over the world. The financial system was revolutionized when Litecoin started climbing the ladder. The coin is expected to show a surge in the coming days, but it would require a technical eye to understand. It is utmost important for any trader to understand the charts […]

As the window for spot Bitcoin ETF approval shrinks to 36 hours, market participants exhibit contrasting strategies. Bulls favor a breakout in Bitcoin and Ethereum price, while bears anticipate a correction triggered by the “sell-the-news” narrative, potentially preceding a longer-term upward trend. Ethereum Price Trend Continuation Depends On Critical Support Levels Although buoyant, Ethereum price stalled close to […]

Sam Bankman-Fried, the former CEO of the now-defunct FTX cryptocurrency exchange, has officially filed an appeal against his conviction and the 25-year prison sentence handed down to him for his role in an $8 billion fraud. The appeal was filed with the 2nd U.S. Circuit Court of Appeals based in Manhattan, signaling the start of […]

CoinDCX, an Indian cryptocurrency exchange, announced on Tuesday that it has put aside $1 million to help investors with crypto asset transfers from overseas exchanges that do not comply with the Financial Intelligence Unit (FIU). CoinDCX keeps $1 million for asset transfers Indian crypto exchange CoinDCX on Tuesday said that it has kept aside nearly […]

In a recent twist in the ongoing legal battle between Ripple Labs and the Securities and Exchange Commission (SEC), Ripple CLO Stuart Alderoty highlighted a significant setback for the SEC. The Second Circuit Court of Appeals rejected the SEC’s appeal in the Aron Govil case, indicating a potential shift in the legal landscape. Moreover, Bill […]

BitMEX’s highly anticipated partnership with private tech company Astrobotic, aiming to send Bitcoin (BTC) literally “to the moon,” is reportedly at risk due to propulsion system issues. The lunar lander, Peregrine 1, launched from Florida on January 8, 2024, and is expected to land in February, which now seems challenging. Also Read: BitMEX to Send […]

In a recent attention-nabbing event witnessed within the cryptocurrency sector, Solana, a renowned layer 1 blockchain, emerged as the leading platform in terms of on-chain financial activity as its total transaction fees rocketed nearly 400%. This chronicle aided Solana in surpassing BNB Chain & Tron in total transactional fees collected. However, Ethereum remains at the […]

A fake approval post from the SEC regarding a Spot Bitcoin ETF sent shockwaves through the crypto market, impacting both Bitcoin and Ethereum Open Interest (OI). In addition, this incident triggered a volatile day for Bitcoin prices, which in turn led to a significant drop in Bitcoin Futures Open Interest (OI). However, amid a slip […]

As the anticipated Bitcoin halving draws closer, expected to take place on April 20. 2024, there is excitement with anticipation and speculation within the cryptocurrency market. This event takes place after every four years, with the aim of reducing the creation and supply of new coins in the market. Historically, halving has been associated with […]